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Measuring the impact of investment on urban natural capital
IUCN Urban Alliance
#FinancingGreenCities
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Image credit: Copernicus / European Space Agency
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Image credit: Julius Silver
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The survival of the natural world is now contingent upon the sustainability of the
unnatural world, our cities.
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Aichi Biodiversity Targets
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• Indicator 3.9.1: Mortality rate attributed to household and ambient air pollution
• Indicator 6.3.2: Proportion of bodies of water with good ambient water quality • Indicator 6.4: 2 Level of water stress: freshwater withdrawal as a proportion of
available freshwater resources • Indicator 6.6.1: Change in the extent of water-related ecosystems over time • Indicator 11.31: Ratio of land consumption rate to population growth rate • Indicator 11.6.1: Proportion of urban solid waste regularly collected and with
adequate final discharge out of total urban solid waste generated, by cities • Indicator 11.6.2: Annual mean levels of fine particulate matter (e.g. PM2.5 and
PM10) in cities (population weighted) • Indicator 11.7.1: Average share of the built-up area of cities that is open space
for public use for all, by sex, age and persons with disabilities
Sustainable Development Goals
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• Indicator 14.1.1: Index of coastal eutrophication and floating plastic debris density
• Indicator 15.1.1: Forest area as a proportion of total land area
• Indicator 15.1.2: Proportion of important sites for terrestrial and freshwater biodiversity that are covered by protected areas, by ecosystem type
• Indicator 15.3.1: Proportion of land that is degraded over total land area
• Indicator 15.5.1: Red List Index
NB – several will be revised to align with post-2020 global biodiversity framework.
Sustainable Development Goals (continued)
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New Urban Agenda
Envisages cities that (13(a)) fulfil the ecological function and provide universal access to safe drinking water and public goods such as air quality; and (13(h)) “protect conserve, restore and promote their ecosystems, water, natural habitats and biodiversity” while minimizing their environmental impact. “Transformative commitments” include:
• (37) the promotion of safe, inclusive, accessible, green, multifunctional and quality public spaces;
• (65) the sustainable management of natural resources in cities in a manner that protects and improves the urban ecosystem and ecosystem services;
• (67) the creation and maintenance of well-connected and well-distributed networks of public greenspace, improvement of ambient air quality, and conservation of endemic species;
• (68) the special treatment of urban deltas, coastal areas and other environmentally sensitive areas;
• (69) the preservation and promotion of the ecological function of land, the use of nature-based solutions, the avoidance of exceeding regenerative capacities of ecosystems, the sustainable use of land, the containment of urban sprawl, and the prevention of losing fragile and important ecosystems;
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New Urban Agenda (continued)
• (71) the strengthening of sustainable management of resources including land, water (oceans, seas and freshwater), and forests; the minimisation of air and short-lived climate pollutants, greenhouse gases and noise; and the facilitation of conservation, regeneration, restoration and resilience of ecosystems;
• (100) the provision of well-designed networks of green streets and other public spaces;
• (101) the integration of climate change considerations and nature-based solutions into territorial development and planning processes, and the design of spaces, buildings and infrastructure;
• (157) the provision of support to science, research and innovation including nature-based innovation; the sharing of information, knowledge and expertise; and the collection, analysis, standardization and dissemination of geographically based, community-collected, high-quality, timely and reliable data;
• (158) the strengthening of data and statistical capacities at all levels of government to effectively monitor progress in achieving sustainable urban development using official and other data sources, in a transparent and consistent manner;
• (159) the involvement of governments at all levels in data collection, mapping, analysis and dissemination, and the promotion of evidence-based governance; and
• (160) the fostering of open, user-friendly and participatory data platforms using technological and social tools.
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• Arcadis Sustainable Cities Index • Biophilic Cities Framework • Cities with Nature Biodiversity Registry • City Prosperity Index • Ecocity Standards • Ecological Footprint • National Park City Standards • Natural England’s Natural Capital Indicators Project • One Planet Living Framework • Singapore Index on Cities Biodiversity • Species Recovery Metric & Ecosystem Recovery Metric • Urban Biodiversity Inventory Framework • Urban Invest • Urban Sustainability Framework • Etc.
Measuring urban natural capital
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Questions
• To what extent is urban natural capital currently monitored and what tools, frameworks and indicators are used?
• What data gaps impede the sustainable management of urban natural capital and how might they be remedied?
• How can data be packaged so as to maximize influence on investment decisions?
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Panel
• Juliet Staples, Senior Project Manager URBAN GreenUP, Liverpool City Council
• Sien Kok, Resource Economist, Deltares
• Jackie Jobes, Partnership Manager, Gloucestershire Local Nature Partnership
• Cristian Matti, Researcher in Innovation & Environmental Studies, Climate-KIC
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Image credit: Juliet Staples
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Image credit: Sien Kok
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Image credit: Jackie Jobes
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Image credit: Cristian Matti
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Questions
• To what extent is urban natural capital currently monitored and what tools, frameworks and indicators are used?
• What data gaps impede the sustainable management of urban natural capital and how might they be remedied?
• How can data be packaged so as to maximize influence on investment decisions?